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20121222
20121230
Search Results 0 to 4 of about 5 (some duplicates have been removed)
't control everything. we invest in stocks of individual companies. in an uncertain environment, few things are better than a company with an honest to goodness turnaround story. one that's not dependent on the doings of congress or the president. take mgm resorts international. mgm for you home gamers, a stock i have not talked about in ages but i think it's time to step up to the plate. largest casino operator in vegas. vegas is hard hit. they have a sizable business in china. center project in vegas that this company was practically -- you couldn't write it off. burdened with vast amounts of debt and then a new ceo came in. he slowly but surely has been fixing mgm's past mistakes including the massive citi center project in vegas that drove the company to the brink of chapter 11. this is a turn that's been years in making but now businesses are starting to come back. you haven't missed anything so this is the moment. let me explain. not long ago it was a real sick customer. took on a ton the debt when las vegas was fabulous place to do business. when the vegas market got annihilate durin
pullback, you probably will do better and you know they'll give us a couple. in this uncertain environment there's nothing better than a good old fashioned turnaround story. mgm gives you a three headed turnaround. clean up the balance sheet, vegas is improving, china is growing too. bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. how you feel about that? >> i feel really good about that. i follow this closely. expedia is a good partner of the inn that i own. i know how powerful they are. this consolidates them in europe. is it enough reason to buy expedia? i liked expedia beforehand. i like it even more now. shane in georgia. shane? >> caller: hey, jim. merry christmas. >> same to you. i like the falcons here. i like them. i got julio. j.j. is on my team. he's done fabulous. i know he watches. thank you. go ahead. julio is a close fan of "mad money." >> caller: with the fiscal cliff looming and with
in a rising salary environment. how much leverage there is. meaning, if you have all of the labor and costs accounted for, how much business can you do? all right, the one i like to think of is not a lemonade stand but is pretty well known, chipotle. they have legendary fabulous gross margins. they have labor and food and customers. the more customers they can serve per hour, the more leverage they have. the keys to the gross margin in chipotle are the cost of the guacamole, beef, tortillas, labor, and most importantly the number of customers they can push through in a given day. of course, there are dozens of other inputs advertised and leases to the stores. they need as little turnover as possible because the cost of training new employees is tremendous. a huge obstacle to making a lot of money. the former ceo of costco made it clear to us on man occasions on this show. in fact, he was legendary for paying his employees the most and treating them with the best of benefit because it's so important to keep them happy. so the firm doesn't constantly have to train new people. new people were
's the inflation/deflation component. how much the labor costs are, very important in a rising salary environment. how much leverage there is, meaning if you have all the labor and costs accounted for how much business can you do. the one i always like to think of is not a lemonade stand but it's pretty well known. it's chipotle. chipotle has legendarily fabulous gross margins at each of its stores. they have labor and they have food and they have customers. the more customers they can serve per hour the more leverage they have. the keys to the gross margins at chipotle are the cost of the guac, the beef, the chicken, the tortillas, the cost of the labor and most importantly number of customers they can push through in a given day. of course there are oz of other inputs, advertisements and leases of the stores, as little turnover as possible because the cost of training employees is tremendous. tats a huge obstacle to making a lot of money. that's something former ceo of costco jim sinegal made clear to us on many occasions on it show. sinegal was legendary for paying his employees the most and t
Search Results 0 to 4 of about 5 (some duplicates have been removed)